Oil futures settled higher on Thursday, nearly recouping all losses from a day earlier, following a tweet from President Donald Trump that hinted the U.S. was close to a trade deal with China. “Getting VERY close to a BIG DEAL with China. They want it, and so do...
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Oil futures rose Wednesday, buoyed after industry data showed a large drop in U.S. crude oil inventories and as traders await a meeting of OPEC producers and their allies amid growing expectations for an agreement to extend and deepen output cuts. West Texas Intermediate crude for January delivery...
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Oil futures were on track for consecutive losses on Tuesday amid reports that major oil exporter Russia wasn’t likely to advocate for deeper cuts during an important December meeting of influential global oil producers. According to Reuters on Tuesday, citing people familiar, Russia would likely commit to extend...
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